Tuesday, September 6, 2005

Kotura Raises $13 Million for Silicon Photonics

Kotura, a start-up based in Monterey Park, California, raised $13 million in Series 2 preferred stock financing for its silicon photonic products.

The financing round was led by new investor GF Private Equity Group and included the Viterbi Group, also a new investor. Existing investors, ComVentures and ARCH Venture Partners participated in the round as well.

Kotura is currently shipping production quantities of silicon photonic products to customers. The components have achieved full Telcordia qualification and are deployed in live networks.

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